Business that ‘makes lives better is what’s important’: Anand Mahindra

Zaynab Khojji
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Wed, 2021-01-27 20:54

RIYADH: Shared-value creation and purpose-driven capitalism were the core goals of investment fund Rise — one of the largest private pools of capital ever raised — according to Indian business tycoon Anand Mahindra.
Speaking at the fourth Future Investment Initiative (FII) forum, the Mahindra Group chairman, who is a member of the $2.1 billion Rise Fund’s founders board, said impact investing that sought both financial and social returns was at the heart of the fund’s activities.

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